Skip to main content

About your Search

20130113
20130121
STATION
CSPAN2 2
LANGUAGE
Search Results 0 to 1 of about 2
CSPAN
Jan 15, 2013 11:00pm EST
is the political environment -- sorry. it can be hard to ignore, but were going to do it. another piece of the political environment, where we had the ability to fix the situation. we know to fix this. we needed a comprehensive dead deal that's big enough to stabilize the debt and we'll remember that. when you're trying to balance the budget. were not very. were not going to be there soon. you have to make sure that that's not faster than the economy and it's on a downward path and the problem is so big or too calm% year to look at every part of the budget. you have to look at defense spending. you have to clearly focused on health care costs, which go faster than the economy. we have to fix our social security system, which makes promises bigger than what we can pay out on the road. we have to raise revenues. we started down the path, but we haven't looked had to do about overhauling tax system, which would you want to raise revenue, you could do in could do in the way bad for the economy hallway discussion helps increase competitiveness and modernizes our tax system. so we know what t
CSPAN
Jan 14, 2013 11:00pm EST
are very important to try to create this environment is most appropriate. that is what we are doing. there are potential risks and inflation was mentioned. we have obviously used an expansionary monetary policy and we have increased the amount of reserves that banks hold with the bad. there are some people that think that that will be inflationary. personally i don't see much evidence of that. inflation, as i mentioned, has been quite low. expectations remain anchored. private sector forecasters do not seek any inflation coming up, and in particular, we have, i believe, with all the tools that we need to undo our monetary policy stimulus and to take that away for inflation becomes a problem. so i do not believe that you can inflation is going to be a result of any of us. that being said i stability -- in terms of stability, it is well maintained. the other thing worth mentioning is financial ability. this is a difficult issue. the concern has been raised by keeping interest rates very low that the federal reserve induces people to take greater risks in their financial investments, a
Search Results 0 to 1 of about 2